You don’t have to repay everything at once. Every payment you record is subtracted from the total due.
What you see
- Total due: the amount plus any interest.
- Paid to date: the sum of all recorded payments.
- Remaining: what is still owed.
- Repayment progress: a bar that fills as payments come in.
While a balance remains, the status is Partially paid. When the remaining balance reaches zero, the agreement is Settled.
Paying more than the balance
If a payment is larger than what remains, IOUEZ warns you (“This is more than the remaining balance”) so you can check the amount before saving.
With an installment plan
Payments fill the installments in order. See How payments count toward installments.